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    14500 E Jefferson Ave Detroit, MI 48215

    4,788 SF 0.08 ac lot Built 1924
    Individually Owned 19-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-0347732
    14500 E Jefferson Ave, Detroit, MI 48215 For Sale 1 / 2
    $650,000 4,788 SF
    14500 E Jefferson Ave, Detroit, MI 48215
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    Property summary
    AI-generated overview

    This exceptional investment opportunity presents two freestanding retail buildings totaling 8,948 square feet situated on a hard corner at 14500 E Jefferson Ave, Detroit, MI 48215. The property boasts a prime location in Detroit's Marina District, offering high visibility and accessibility with 16,789 vehicles passing daily. Its proximity to Belle Isle, canals, marinas, Beaumont Hospital, Grosse Pointe Hospital, and Grosse Pointe Park enhances its appeal. Zoned B4 – Miscellaneous Commercial, this multi-tenancy property presents a significant value-add opportunity. The location is highly walkable and offers convenient access to Downtown Detroit (7-minute drive), Stellantis Jefferson North Plant, and the USCIS office (both within 1 mile). Nearby retailers include PNC Bank, H&R Block, Dollar General, O'Reilly Auto Parts, Subway, Dollar Tree, Shell, and Mobil, indicating a strong commercial presence in the area. The asking price for this exceptional retail portfolio is $650,000.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1924
    Total area 4,788 SF
    Lot 0.08 ac (3,485 SF)
    Zoning code B4
    APN 21000340.
    UPID US43-0347732
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    NAZAR N GHAZAR
    NAZAR N GHAZAR
    Zoning & alternative use
    B4 · Detroit, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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